U.S. CONCRETE, INC. USCR Income Statement

U.s. concrete, inc. (USCR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Aug'10
Revenue from Contract with Customer, Excluding Assessed Tax
334,400	369,200	408,900	367,500	333,100	370,100	404,300	404,200	327,800	341,313	354,628	340,926	299,133	318,817	328,588	275,750	245,045	263,573	295,111	244,695	171,338	179,510	197,589	180,358	146,257	148,144	167,196	157,390	125,425	121,082	147,046	138,178	110,915	94,380	134,348	130,027	87,049	141,365	88,370
Cost of goods sold before depreciation, depletion and amortization
273,900	301,200	321,200	296,800	268,400	299,500	325,300	320,200	267,200	278,272	278,995	263,574	235,759	247,849	253,477	222,216	198,758	209,737	226,620	192,296	139,786	145,780	157,689	145,324	124,525	126,012	135,991	128,065	108,592	99,681	124,996	118,182	98,665	83,111	116,278	111,521	82,809	120,842	73,755
Goodwill and other asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Selling, general and administrative expenses
33,700	26,700	32,000	39,200	32,100	30,100	32,200	31,900	32,300	33,127	30,056	30,200	25,817	28,553	25,104	23,180	23,163	23,773	23,200	21,992	17,908	17,833	15,404	14,388	13,643	14,504	14,387	16,188	14,345	15,868	15,063	13,580	13,643	8,540	12,533	13,115	14,964	17,771	8,595
(Gain) loss on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96	145	72	-6	-38
Depreciation, Depletion and Amortization, Nonproduction
23,400	23,000	22,300	25,100	22,800	23,600	25,500	22,100	20,600	18,998	16,593	16,350	15,859	16,105	14,139	13,015	11,641	12,159	12,565	10,567	8,279	7,457	6,010	5,484	4,898	4,778	4,725	4,540	4,825	4,468	3,677	3,771	3,622	3,302	4,783	5,408	5,093	6,564	4,221
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
300	1,200	300	300	1,000	900	400	-1,600	300	5,853	719	720	608	-	714	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Impairment Charges
-	-	0	0	-	-	0	1,300	-	-	648	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale/disposal of assets, net
0	900	200	-100	-900	700	14,100	300	200	204	106	198	192	384	1,003	114	-101	473	-43	-25	63	319	3	-46	349	167	39	31	-5	117	-67	8	591	-	-	-	-	-	-
Loss on revaluation of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-364	-1,247	-	723	664	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
3,100	18,000	33,300	6,000	7,900	16,700	35,000	30,600	7,600	-285	27,723	30,280	21,282	23,819	36,157	17,089	10,135	16,058	33,406	20,479	5,428	8,759	18,489	15,116	3,540	3,017	12,132	8,628	-2,342	1,182	3,243	2,653	-4,424	527	658	128	-15,745	-3,818	1,761
Interest Expense
11,400	11,300	11,600	11,600	11,600	11,800	11,700	11,500	11,400	11,038	10,552	10,368	10,142	7,767	7,635	6,598	5,700	5,768	5,446	5,367	5,153	5,286	5,080	5,055	5,010	3,495	2,477	2,588	2,772	2,728	2,842	2,905	2,869	2,860	2,826	2,743	2,628	3,385	3,404
Derivative loss
-	-	-	-	-	-	-	-	-	-9	13,119	-15,766	1,856	-26,330	21,772	-2,562	-12,780	-13,615	-26,854	-8,048	-11,499	-1,250	65	-1,748	-623	-4,135	-5,467	-1,916	-18,446	-13,181	-2,576	-577	-3,391	3,564	11,160	4,945	-6,247	-	0
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-60	-	-	-	0	-12,003	-	-	0	0	-	-	-	-	-	-1,646	-1,673	-6	4,310	0	-2,630	0	0	-	0	-	-	-	-
Gain on purchases of senior subordinated notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Derivative income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	996	-
Other Nonoperating Income
600	1,700	200	7,200	400	500	1,100	1,400	1,600	-91	1,287	596	708	1,788	405	510	497	586	585	450	443	197	580	537	489	414	380	484	493	961	463	989	531	269	366	246	257	134	143
Loss from continuing operations before reorganization items and income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24,363	-6,073	-1,500
Reorganization items (Note 14)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-65,849
Income (loss) before income taxes, equity in earnings of subsidiaries and non-controlling interest
-7,700	8,400	21,900	1,600	-3,300	5,400	24,400	20,500	-2,200	-11,363	31,517	4,742	13,704	-8,487	50,699	-3,564	-7,848	-2,739	1,691	7,514	-10,781	2,431	14,054	8,850	-1,604	-5,845	2,895	4,602	-18,757	-13,766	-4,342	160	-10,153	-	-	-	-	-6,073	64,349
(Loss) income from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,358	2,576	-	-	-
Income Tax Expense (Benefit)
-4,900	4,000	8,300	700	-700	2,300	8,600	4,200	1,700	-8,454	7,241	6,911	6,702	6,883	12,577	-251	1,991	3,584	-22	-2,709	-74	616	788	730	22	-542	9,976	-3,069	-5,197	-3,572	-472	106	188	-1,275	117	28	351	-964	1,415
Income from continuing operations
-	-	-	-	-	-	-	-	-	-2,909	24,276	-2,169	7,002	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,241	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-76	-222	-180	-122	-182	-166	-164	-188	71	-94	-520	223	-948	-259	-259	473	165	-221	-996	-804	-1,796	659	-362	111	-	368	-	-	-645	-10,213
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-2,800	4,400	13,600	900	-2,600	3,100	15,800	16,300	-3,900	-2,985	24,054	-2,349	6,880	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to non-controlling interest
300	500	600	200	100	1,100	200	0	0	100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to U.S. Concrete
-3,100	3,900	13,000	700	-2,700	2,000	15,600	16,300	-3,900	-3,085	24,054	-2,349	6,880	-15,552	37,956	-3,477	-10,027	-6,252	1,619	9,703	-10,484	867	13,007	7,861	-1,153	-5,138	-7,302	6,675	-14,364	-11,990	-3,211	-308	-10,230	854	9,609	2,548	-24,714	-5,754	52,721
Earnings (loss) per share attributable to U.S. Concrete:
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-0.18	1.51	-0.14	0.45	-0.98	2.50	-0.22	-0.67	-	0.12	0.73	-	-	0.98	0.60	-	-	-0.54	0.61	-	-	-	0.00	-0.85	-	0.77	-	-	-	1.72
Loss from discontinued operations, net of taxes (in dollars per share)
-	-	-	-	-	-	-	-	-	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-	-0.01	-0.04	-	-	-0.02	-0.02	-	-	-0.01	-0.08	-	-	-	-0.03	0.01	-	0.03	-	-	-	-
Basic earnings per share (in dollars per share)
-0.19	0.24	0.79	0.04	-0.16	0.11	0.95	0.99	-0.23	-0.19	1.50	-0.15	0.44	-0.99	2.49	-0.23	-0.68	-	0.11	0.69	-	-	0.96	0.58	-	-	-0.55	0.53	-	-	-	-0.03	-0.84	-	0.80	-	-	-	1.44
Diluted income per share attributable to U.S. Concrete:
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-0.18	1.46	-0.14	0.43	-0.87	2.35	-0.22	-0.67	-	0.11	0.67	-	-	0.96	0.59	-	-	-0.54	0.57	-	-	-	0.00	-	-	0.65	-	-	-0.43	1.72
Loss from discontinued operations, net of taxes (in dollars per share)
-	-	-	-	-	-	-	-	-	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-	-0.01	-0.03	-	-	-0.02	-0.02	-	-	-0.01	-0.07	-	-	-	-0.03	-	-	0.02	-	-	-0.05	-0.28
Diluted earnings per share (in dollars per share)
-0.19	0.24	0.79	0.04	-0.16	0.12	0.94	0.99	-0.23	-0.19	1.45	-0.15	0.42	-0.88	2.34	-0.23	-0.68	-	0.10	0.64	-	-	0.94	0.57	-	-	-0.55	0.50	-	-	-	-0.03	-	-	0.67	-	-	-0.48	1.44
Weighted average shares outstanding:
Loss from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.79	-	-	-	-0.12	-	-	-	-1.10	-	-0.32	-	-	-	-	-	-	-	-
(Loss) income from discontinued operations, net of taxes (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	-	-	-	-	-	-0.06	-	0.06	-	-	-	-	-	-	-	-0.28
Income from discontinued operations, net of taxes (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.77	-	-	-	-0.09	-	-	-	-1.16	-	-0.26	-	-	-	-	0.21	-2.07	-	-
Weighted average shares outstanding:
Basic (in shares)
16,500	16,400	16,500	16,400	16,300	16,600	16,500	16,500	16,400	16,371	16,028	15,703	15,498	15,469	15,222	14,920	14,789	-	14,223	14,049	-	-	13,497	13,557	-	-	13,207	12,550	-	-	-	12,163	12,140	-	12,051	11,989	-	-	36,703
Diluted (in shares)
16,500	16,400	16,500	16,400	16,300	16,600	16,500	16,500	16,400	17,563	16,651	15,703	16,483	18,851	16,240	14,920	14,789	-	15,822	15,218	-	-	13,876	13,872	-	-	13,207	13,634	-	-	-	12,163	-	-	17,290	12,023	-	-	36,703
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	24,276	-2,169	7,002	-15,370	38,122	-3,313	-9,839	-6,323	1,713	10,223	-10,707	1,815	13,266	8,120	-1,626	-5,303	-7,081	7,671	-13,560	-10,194	-3,870	54	-10,341	-	-	-	-	-5,109	62,934
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-76	-222	-180	-122	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,560	-	-	-	13,567	-	-	-	12,359	-	12,218	-	-	-	-	-	-	-	-
Basic and diluted weighted average shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	-	0